Morarka Finance Q1 Results Live : Morarka Finance announced their Q1 results on 16 Jul, 2024, revealing a significant decline in both revenue and profit compared to the previous year.
The company’s topline decreased by 84.2% year-over-year, while the profit fell by 65.91% year-over-year. However, there was a slight growth in revenue by 0.4% and a substantial increase in profit by 210.32% compared to the previous quarter.
Selling, general & administrative expenses saw a decline of 17.68% quarter-over-quarter but increased by 14.6% year-over-year.
Operating income showed a notable increase of 145.32% quarter-over-quarter, but a significant decrease of 65.99% year-over-year.
The Earnings Per Share (EPS) for Q1 stood at ₹3.64, reflecting a decrease of 65.94% year-over-year.
Morarka Finance’s stock performance has been mixed, with a 1.47% return in the last week, 8.5% return in the last 6 months, and a year-to-date return of 14.93%.
Currently, Morarka Finance has a market capitalization of ₹69.85 Cr with a 52-week high/low of ₹187 and ₹118.6 respectively.
Morarka Finance Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 0.81 | 0.81 | +0.4% | 5.13 | -84.2% |
| Selling/ General/ Admin Expenses Total | 0.08 | 0.1 | -17.68% | 0.07 | +14.6% |
| Depreciation/ Amortization | 0 | 0 | -0% | 0 | -0% |
| Total Operating Expense | -0.91 | 0.11 | -960.49% | 0.07 | -1404.3% |
| Operating Income | 1.72 | 0.7 | +145.32% | 5.06 | -65.99% |
| Net Income Before Taxes | 1.67 | 0.68 | +143.08% | 5 | -66.67% |
| Net Income | 1.64 | 0.53 | +210.32% | 4.81 | -65.91% |
| Diluted Normalized EPS | 3.64 | 1.17 | +211.11% | 10.69 | -65.94% |